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June 22nd, 2022
We’ve Only Scratched the Surface of How Bad the Crypto Crime Wave Has Gotten
Blockchain Technology Co-Chair Jeremy S. Goldman was quoted in the article, “We’ve Only Scratched the Surface of How Bad the Crypto Crime Wave Has Gotten” published by the Los Angeles Times. The article discusses the increase of criminal fraud for cryptocurrency investors, who have lost billions of dollars with little hope of recovering those losses.
Jeremy acknowledges the risks of crypto and is quoted saying, “Crypto technology was built out of a ‘libertarian ethos’ in which there’s no nanny state that’s going to take care of you.” He adds, “These are the consequences when there’s a mistake … there’s no one to unwind it, you can’t call customer service, you can’t go back to the mothership, you can’t go back to the bank.”
Recently, two men were arrested in Los Angeles for orchestrating a fraud and money laundering cryptocurrency “rug pull” scheme. Jeremy said, “The case demonstrated sophisticated abilities by federal agents to follow the money and follow blockchain-based transactions” and “They really did a good job in following the breadcrumbs.”
Read the full article here.
Greenwashing in the Crosshairs: Regulators Around the Globe Take Aim
AdWeek quotes Jeffrey A. Greenbaum on the FTC's updated Green Guides guidance, which discourages U.S. brands from misleading consumers through false advertising. Read more.
May 31 2023
How GCs Can Handle Internal Pressure To Hire A Certain Firm
Law360 quotes Tyler Maulsby on potential ethics issues when general counsels are pressured to steer work to specific law firms. Read more.
May 16 2023
The Number Of US State Privacy Laws Is Close To Hitting Double-Digits
AdExchanger quotes Daniel M. Goldberg on Frankfurt Kurnit's 2023 Tech Law Summit and on the rise of state privacy laws. Read more.
May 12 2023